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Question - The Smelting Department of Kiner Company has the following production and cost data for November.

Production: Beginning work in process 3,700 units that are 100% complete as to materials and 29% complete as to conversion costs; units transferred out 9,300 units; and ending work in process 9,100 units that are 100% complete as to materials and 40% complete as to conversion costs.

Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92398954
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